FRYDENBØ BOATS AS

1739 BORGENHAUGEN

Finances

Share Ownership

Return on Equity

122,15 %

Current Ratio

1,07

Debt-to-Equity Ratio

1,42

Key figures (NOK)	2022	2021	2020	2019
Revenue	446 747 000	359 424 000	230 185 000	140 286 000
Net Income	60 103 000	42 584 000	21 035 000	8 155 000
Total Assets	332 347 000	256 806 000	143 495 000	99 242 000
Total Equity	49 205 000	41 216 000	29 281 000	39 680 000

Income (NOK)	2022	2021	2020	2019
Revenue	446 747 000	359 424 000	230 185 000	140 286 000
Expenditure	369 136 000	330 400 000	209 684 000	135 609 000
Operating Profit	77 612 000	29 025 000	20 500 000	4 676 000
Financial Income	4 048 000	27 674 000	12 261 000	10 909 000
Financial Costs	6 400 000	2 009 000	5 742 000	4 955 000
Financial Balance	−2 352 000	25 665 000	6 519 000	5 954 000
Earnings Before Tax	75 260 000	54 689 000	27 019 000	10 630 000
Tax	15 157 000	12 106 000	5 984 000	2 475 000
Net Income	60 103 000	42 584 000	21 035 000	8 155 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	104 126 000	40 148 000	28 462 000	27 634 000
Total Current Assets	228 221 000	216 658 000	115 033 000	71 607 000
Total Assets	332 347 000	256 806 000	143 495 000	99 242 000
Total Retained Equity	43 281 000	35 291 000	23 357 000	33 756 000
Total Equity	49 205 000	41 216 000	29 281 000	39 680 000
Total Long-Term Debt	70 000 000	70 000 000	0	6 800 000
Total Current Debt	213 141 000	145 590 000	114 214 000	52 762 000
Total Equity and Debt	332 347 000	256 806 000	143 495 000	99 242 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	446 745 000	359 418 000	232 172 000	140 266 000
Other Income	3 000	5 000	−1 987 000	19 000
Revenue	446 747 000	359 424 000	230 185 000	140 286 000
Cost of Goods Sold	321 798 000	292 450 000	188 169 000	118 674 000
Salary Costs	23 007 000	19 031 000	8 618 000	7 316 000
Depreciation	4 972 000	3 832 000	4 227 000	4 023 000
Impairment	0	0	0	0
Expenditure	369 136 000	330 400 000	209 684 000	135 609 000
Operating Profit	77 612 000	29 025 000	20 500 000	4 676 000
Financial Income	4 048 000	27 674 000	12 261 000	10 909 000
Financial Costs	6 400 000	2 009 000	5 742 000	4 955 000
Financial Balance	−2 352 000	25 665 000	6 519 000	5 954 000
Dividends	0	0	0	0
Net Income	60 103 000	42 584 000	21 035 000	8 155 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	862 000	955 000	190 000	141 000
Real Eastate	3 847 000	0	12 000	35 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	18 167 000	12 897 000	12 602 000	11 909 000
Total Tangible Assets	22 014 000	12 897 000	12 614 000	11 944 000
Total Fiancial Fixed Assets	81 251 000	26 295 000	15 658 000	15 550 000
Total Fixed Assets	104 126 000	40 148 000	28 462 000	27 634 000
Stock	27 766 000	20 859 000	9 618 000	49 776 000
Total Investments	0	0	0	0
Cash, Bank	2 799 000	2 287 000	14 536 000	12 484 000
Total Current Assets	228 221 000	216 658 000	115 033 000	71 607 000
Total Assets	332 347 000	256 806 000	143 495 000	99 242 000
Total Equity	49 205 000	41 216 000	29 281 000	39 680 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	70 000 000	70 000 000	0	6 800 000
Creditors	4 586 000	12 952 000	11 218 000	8 869 000
Unpaid Taxes	16 389 000	19 395 000	13 901 000	802 000
Dividends	0	0	0	0
Other Current Debt	117 956 000	47 061 000	55 398 000	4 352 000
Total Current Debt	213 141 000	145 590 000	114 214 000	52 762 000
Total Equity and Debt	332 347 000	256 806 000	143 495 000	99 242 000

Financial indicators	2022	2021	2020	2019
Return on Equity	122,15 %	103,32 %	71,84 %	20,55 %
Debt-to-Equity Ratio	1,42	1,7	0	0,17
Operating Profit Margin	17,37 %	8,08 %	8,91 %	3,33 %
Current Ratio	1,07	1,49	1,01	1,36
Quick Ratio	1,23	1,74	1,1	23,98
Equity Ratio	0,15	0,16	0,2	0,4
Gross Profit Margin	27,97 %	18,63 %	18,25 %	15,41 %